corporate
Understanding Section 186: Performance vs Financial Guarantees
This article clarifies Section 186 provisions regarding guarantees related to loans and the exclusions provided by MCA Circular No. 04/2015.
Jul 3, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Corporate Law News
corporate
Examining Applicability of Companies Act on SBI and PNB
The article clarifies why State Bank of India and Punjab National Bank are not subject to the Companies Act, unlike HDFC Bank, due to their statutory entity status.
Jul 3, 2026Read more →
corporate
MCA Revises Director KYC Framework for Compliance
The Ministry of Corporate Affairs has amended the KYC framework for directors, mandating the DIR-3 KYC filing only once every three financial years, thus reducing compliance burdens while maintaining DIN validation.
Jul 3, 2026Read more →
N/Ataxcorporate
Ravi Agarwal Reappointed as CBDT Chairman for Next 6 Months
Ravi Agarwal is reappointed as the Chairman of the CBDT for another six months, continuing his leadership amid the implementation of the new Income Tax Act, 2025.
Jul 2, 2026Read more →
Calcutta High Courtinsolvencycorporate
Consent Decree Passed During CIRP Moratorium: Calcutta HC Refuses Ad-Interim Injunction
The Calcutta High Court denied an ad-interim injunction related to a consent decree during a CIRP moratorium, citing the absence of necessary documentation.
Jul 2, 2026Read more →
N/Acorporatetax
Govt Extends Full Customs Duty Exemption on Critical Petrochemical Products till 15 July
The Indian government has extended the full customs duty exemption on critical petrochemical products until July 15. This exemption was initially introduced in April due to geopolitical tensions in the West Asian region.
Jul 2, 2026Read more →
Reserve Bank of Indiabankingcorporate
Modification of Reporting Requirements under FEMA, 1999
The Reserve Bank of India has modified reporting requirements under the Foreign Exchange Management Act, 1999, aimed at streamlining reporting processes for authorized entities. This initiative is expected to alleviate compliance burdens.
Jul 2, 2026Read more →
Reserve Bank of Indiacorporate
RBI Launches Quarterly Order Books, Inventories and Capacity Utilisation Survey
The RBI has initiated the 74th round of its quarterly manufacturing sector survey.
Jul 2, 2026Read more →
Reserve Bank of Indiacorporateconsumer
Updated Interest Rate for Floating Rate Savings Bond for July to December 2026
The interest rate for the Floating Rate Savings Bond for the latter half of 2026 has been set by the RBI.
Jul 2, 2026Read more →
Reserve Bank of Indiacorporatebanking
Underwriting Auction for Government Security of ₹34,000 Crore on July 3, 2026
The RBI is set to conduct an underwriting auction for government securities worth ₹34,000 crore.
Jul 2, 2026Read more →
corporate
FinMin Cuts Customs Tariff Value for Silver Imports
The Finance Ministry has revised the customs tariff value for silver imports from USD 2,175/kg to USD 1,897/kg, effective from June 30, 2026. This change is expected to impact silver import operations significantly.
Jul 1, 2026Read more →
NCLTcorporateinsolvency
TReDS Invoice Discounting Exempt from Financial Debt Classification
In a recent ruling, the NCLT clarified that financing under the TReDS framework is not considered financial debt and does not involve disbursing funds to the corporate debtor.
Jul 1, 2026Read more →
bankingcorporate
Modification of Returns / Reporting requirements under FEMA, 1999
The RBI has announced modifications to returns and reporting requirements under the Foreign Exchange Management Act, updating compliance responsibilities for authorized persons.
Jul 1, 2026Read more →